Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the First Trust NASDAQ-100-Technology Sector ETF (QTEC), a passively managed exchange traded fund launched on 04/19/2006.
The First Trust Nasdaq-100-Technology Sector Index Fund ETF focuses on technology stocks from the Nasdaq 100 index with an equal-weight strategy. Despite underperforming the Nasdaq 100 index in the past, QTEC has the potential to outperform in the second wave of the AI gold rush. QTEC's higher expense ratio due to its equal-weight strategy is a consideration for investors, but the fund is still worth considering for its growth potential.
A smart beta exchange traded fund, the First Trust NASDAQ-100-Technology Sector ETF (QTEC) debuted on 04/19/2006, and offers broad exposure to the Technology ETFs category of the market.
The First Trust NASDAQ-100-Technology Sector ETF (QTEC) was launched on 04/19/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.